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Medical Decision Making : A Health Economic Primer / / by Stefan Felder, Thomas Mayrhofer



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Autore: Felder Stefan <1960-> Visualizza persona
Titolo: Medical Decision Making : A Health Economic Primer / / by Stefan Felder, Thomas Mayrhofer Visualizza cluster
Pubblicazione: Berlin, Heidelberg : , : Springer Berlin Heidelberg : , : Imprint : Springer, , 2022
Edizione: 3rd ed. 2022.
Descrizione fisica: 1 online resource (330 pages)
Disciplina: 610
Soggetto topico: Medical economics
Public health
Health services administration
Epidemiology
Operations research
Biometry
Health Economics
Public Health
Health Care Management
Operations Research and Decision Theory
Biostatistics
Persona (resp. second.): MayrhoferThomas
Nota di bibliografia: Includes bibliographical references and index.
Nota di contenuto: Chapter 1. Introduction -- Chapter 2. Basic Tools in Medical Decision Making -- Chapter 3. Basic Tools in Economics: Preferences, Expected Utility, Risk Aversion and Prudence -- Chapter 4. Treatment Decisions -- Chapter 5. Test and Treatment Decisions -- Chapter 6. Prudence and Medical Decision Making -- Chapter 7. Optimal Strategy for Multiple Diagnostic Tests -- Chapter 8. The Optimal Cut-off of a Diagnostic Test -- Chapter 9. The Total Value of Information of a Test -- Chapter 10. The Economics of Medical Decision Making -- Chapter 11. Valuing Health and Life -- Chapter 12. Revealed Preference in Medical Decisions -- Chapter 13. Imperfect Agency and Non-Expected Utility Models.
Sommario/riassunto: This textbook offers a comprehensive analysis of medical decision-making under uncertainty by combining test information theory with expected utility theory. The authors show how the parameters of Bayes’ theorem can be combined with a value function of health states in order to arrive at informed test and treatment decisions in the face of diagnostic and therapeutic risks. Distinguishing between risk-neutral, risk-averse, and prudent decision-makers, they demonstrate the effects of risk preferences on medical decisions. Furthermore, they analyze individual and multiple tests as well as diagnostic models in which the decision-maker chooses the test outcome. The consequences of test and treatment decisions for the patient are encompassed by quality-adjusted life years (QALYs) and the standard economic model, which applies the willingness to pay for health approach. Lastly, non-expected utility models of choice under risk and uncertainty are presented. Although these models can explainsome of the test and treatment decisions observed, they are less suitable for normative analyses aimed at providing guidance on medical decision-making. This third edition provides extensively revised versions of all chapters and reflects recent innovations in medical decision-making such as decision curve analysis. New chapters focus on the health economics of and revealed preferences in medical decisions. The book is intended for students of (health) economics and medicine as well as for medical decision-makers and physicians dealing with uncertainty in their test and treatment decisions.
Titolo autorizzato: Medical decision making  Visualizza cluster
ISBN: 3-662-64654-4
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910558490703321
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Serie: Economics and Finance Series